Factors which is driving the growth of the global glass fiber reinforced concrete market is reduced construction time and cost. The thickness of GFRC is half of the traditional precast and due to which handling and transportation become easier. Additionally, continuous growth in the building and construction industry, especially in emerging economies is also driving the growth of the market. Low awareness regarding GFRC is a major restraint to the growth of the market across the globe.
The glass fiber reinforced concrete market is segmented by process and application. By type, the market is segmented into spray-up, premix, and hybrid. By Application, the market is segmented into commercial, residential and engineering & other utilities. It is expected to have a significant share in the commercial segment during the forecast period. The market is further studied on the basis of geography and is segmented into North America, Asia-Pacific, Europe and Rest of the World (RoW). North America is expected to have a significant share during the forecast period. It is due to high spending by private organizations and government industries in the region. Asia-Pacific is expected to have a huge potential market is expected to have considerable market growth during the forecast period. Countries including China, India, Japan, Australia, Indonesia, and South Korea is contributing significantly to the market.
The major players that contribute to the growth of the global glass fiber reinforced concrete market include Formglas Products Ltd., Willis Construction Co., Inc., Clark Pacific Corp., Loveld NV, Ultratech Cement Ltd., Fibrex, LLC and so on. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger and acquisition, collaborations, and technological advancements to stay competitive in the market. For instance, in October 2017, installed a new 7-acre manufacturing unit in Floria, the US. The company is introducing new GFRC in the market which offers lower vapor permeability and less expansion than the earlier GFRC mixes.
Research Methodology
The market study of the global glass fiber reinforced concrete market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.
Secondary Sources Include
The report is intended for the building and construction companies, construction material suppliers, GFRC manufacturers, supplier, government, research institutes, for overall market analysis and competitive analysis. The report provides in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
1.2.3. By Stakeholders
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Ultratech Cement, Ltd.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Formglas Products, Ltd.
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Willis Construction Co., Inc.
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Clark Pacific Corp.
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. Loveld N.V.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1 Motivators
4.2 Restraints
4.3 Opportunities
5. Market Segmentation
5.1. Global Glass Fiber Reinforced Concrete Market by Casting Process
5.1.1. Spray-Up
5.1.2. Premix
5.1.3. Hybrid
5.2. Global Glass Fiber Reinforced Concrete Market by Application
5.2.1. Commercial
5.2.2. Residential
5.2.3. Engineering & Other Utilities
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Arabian Tile Company, Ltd.
7.2. Bb Fiberbeton A/S
7.3. BCM GRC, Ltd.
7.4. Clark Pacific Corp.
7.5. Fishstone Studio, Inc.
7.6. Formglas Products Ltd.
7.7. GB Architectural Cladding Products, Ltd.
7.8. Generale Prefabbricati S.P.A.
7.9. GFRC Cladding Systems, LLC
7.10. Glass Reinforced Concrete UK, Ltd.
7.11. Loveld N.V.
7.12. Nanjing Beilida New Material System Engineering Co., Ltd.
7.13. Quatro Design Pty, Ltd.
7.14. RPM International, Inc.
7.15. Smooth-On, Inc.
7.16. Stromberg Architectural Products
7.17. SureCrete Design Products
7.18. Telling, Ltd.
7.19. The Lehigh Group
7.20. Willis Construction Co., Inc.
LIST OF TABLES
1. GLOBAL GLASS FIBER REINFORCED CONCRETE MARKET RESEARCH AND ANALYSIS BY CASTING PROCESS, 2018-2025 ($ MILLION)
2. GLOBAL SPRAY-UP MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
3. GLOBAL PREMIX MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
4. GLOBAL HYBRID MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
5. GLOBAL GLASS FIBER REINFORCED CONCRETE MARKET RESEARCH AND ANALYSIS BY APPLICATION 2018-2025 ($ MILLION)
6. GLOBAL COMMERCIAL MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
7. GLOBAL RESIDENTIAL MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
8. GLOBAL ENGINEERING & OTHER UTILITIES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
9. NORTH AMERICAN GLASS FIBER REINFORCED CONCRETE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
10. NORTH AMERICAN GLASS FIBER REINFORCED CONCRETE MARKET RESEARCH AND ANALYSIS BY CASTING PROCESS, 2018-2025 ($ MILLION)
11. NORTH AMERICAN GLASS FIBER REINFORCED CONCRETE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
12. EUROPEAN GLASS FIBER REINFORCED CONCRETE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
13. EUROPEAN GLASS FIBER REINFORCED CONCRETE MARKET RESEARCH AND ANALYSIS BY CASTING PROCESS, 2018-2025 ($ MILLION)
14. EUROPEAN GLASS FIBER REINFORCED CONCRETE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
15. ASIA-PACIFIC GLASS FIBER REINFORCED CONCRETE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
16. ASIA-PACIFIC GLASS FIBER REINFORCED CONCRETE MARKET RESEARCH AND ANALYSIS BY CASTING PROCESS, 2018-2025 ($ MILLION)
17. ASIA-PACIFIC GLASS FIBER REINFORCED CONCRETE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
18. REST OF THE WORLD GLASS FIBER REINFORCED CONCRETE MARKET RESEARCH AND ANALYSIS BY CASTING PROCESS, 2018-2025 ($ MILLION)
19. REST OF THE WORLD GLASS FIBER REINFORCED CONCRETE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
LIST OF FIGURES
1. GLOBAL GLASS FIBER REINFORCED CONCRETE MARKET SHARE BY CASTING PROCESS, 2018 VS 2025 (%)
2. GLOBAL GLASS FIBER REINFORCED CONCRETE MARKET SHARE BY APPLICATION, 2018 VS 2025 (%)
3. GLOBAL GLASS FIBER REINFORCED CONCRETE MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
4. US GLASS FIBER REINFORCED CONCRETE MARKET SIZE, 2018-2025 ($ MILLION)
5. CANADA GLASS FIBER REINFORCED CONCRETE MARKET SIZE, 2018-2025 ($ MILLION)
6. UK GLASS FIBER REINFORCED CONCRETE MARKET SIZE, 2018-2025 ($ MILLION)
7. FRANCE GLASS FIBER REINFORCED CONCRETE MARKET SIZE, 2018-2025 ($ MILLION)
8. GERMANY GLASS FIBER REINFORCED CONCRETE MARKET SIZE, 2018-2025 ($ MILLION)
9. ITALY GLASS FIBER REINFORCED CONCRETE MARKET SIZE, 2018-2025 ($ MILLION)
10. SPAIN GLASS FIBER REINFORCED CONCRETE MARKET SIZE, 2018-2025 ($ MILLION)
11. ROE GLASS FIBER REINFORCED CONCRETE MARKET SIZE, 2018-2025 ($ MILLION)
12. INDIA GLASS FIBER REINFORCED CONCRETE MARKET SIZE, 2018-2025 ($ MILLION)
13. CHINA GLASS FIBER REINFORCED CONCRETE MARKET SIZE, 2018-2025 ($ MILLION)
14. JAPAN GLASS FIBER REINFORCED CONCRETE MARKET SIZE, 2018-2025 ($ MILLION)
15. REST OF ASIA-PACIFIC GLASS FIBER REINFORCED CONCRETE MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF THE WORLD GLASS FIBER REINFORCED CONCRETE MARKET SIZE, 2018-2025 ($ MILLION)